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A company developed the following per-unit standards for its product: 2 pounds of direct materials at $4 per pound. Last month, 1,500 pounds of direct

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A company developed the following per-unit standards for its product: 2 pounds of direct materials at $4 per pound. Last month, 1,500 pounds of direct materials were purchased for $5,700. The direct materials price variance for last month was Select one: a. $5,700 favorable b. $150 favorable c. $300 favorable d. $350 unfavorable. e. $300 unfavorable

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